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Search Results 0 to 28 of about 29 (some duplicates have been removed)
. i'm james tengan in beijing. >> james, thanks. >>> two major japanese automakers, toyota motor and mazda motor are expanding their business alliance, this time abroad. they agreed to produce a toyota brand car at mazda's plant in mexico. the companies have announced they will make 50,000 sub compact cars a year at a plant that mazda is now building in central mexico. production is scheduled to begin in the summer of 2015. a new design based on mazda's demio model will be used for this new car. toyota will pay for part of the production quip and and shoulder some development costs. toyota aims to strengthen its lineup in north america. mazda on its part is hoping to ramp up production efficiency at the new plant and improve its profitability. the two firms earlier joined hands to produce a hybrid car in japan. mazda will be using toyota's hybrid car technology for the production of the car. >>> japanese steelmakers have reported sharp profit declines in the first half of their business year. that's due to flagging overseas demand and increasing competition from china and south k
. >>> toyota motors says it will recall over 1.5 million cars in japan as there are separate defects in the steering wheel and hybrid fuel system. it will be the automaker's largest ever recall in the country. toyota says a design error for a shaft part was found in nine models including prius and wish made between august 2000 and last december. the car maker says the steering wheel could malfunction if the driver repeatedly turns it to the maximum. the recall also involved five models of hybrids including alphard hybrid and prius made between may 2001 and last december. toyota says a manufacturing error was found in the electrical system for the water pump to cool the voltage converter. the automaker warnings that the defects could force the car to stop running due to a short circuit. toyota says there has been no accidents stemming from the defect but says it will start replacing the parts for free. >>> u.s. treasury secretary timothy geithner has echoed president obama on the importance of raising taxes for the wealthy and continuing tax cuts for the middle class. that's to avoid
. >> do you know what else is not working? some cars. >> if you are a toyota executive today, you will be suffering from another big headache. today they recall nearly 3 million vehicles. the problem with these ones is the water pump or steering problem. half of the cars are on the road in japan, most are on the road in -- the rest are on the road in europe and the united states. all of this is a problem for toyota. last month, 7 million recalls over the faulty electrical window bond -- button. 12 million vehicles were recalled over a sticking accelerator. the problem? in the early 2000's, a toyota was focused on becoming the world's biggest car maker. it was all about building. at that time, the experts tell us where toyota dropped the ball. >> you could certainly say that this is a historic problem. the company has done a lot to address it. one of the things they have done, from the scandal two years ago, they have devolve a lot of the managerial responsibilities, allowing people to take into account what is going on in those markets, with more local executives -- european in eu
.27. >> more bad news for toyota. the company is recalling nearly 2.8 million vehicles because of two separate problems. >> and defects 13 different models including the popular prius hybrid. this time, the move concerns a defect in the steering shaft and problems with the water pump. toyota says no injuries or accidents have been reported. well, one of the world's most famous diamonds has sold at auction for nearly 17 million euros. it is named after the archduke yosef, its former austrian owner. >> the 76-carat diamond, which is described as internally flawless, came from ancient mines in india. it sold to an anonymous telephone bidder. it is the highest price per carry -- carat ever paid for a colorless diamond and well above the pre-sale estimate. >> we have to take a break, but when we come back, we will hone in on a country where the cash is not flowing so readily -- spain. >> after the break, we will touch on another challenge. >> that's in a minute. >> welcome back. the spanish government might soon have another problem to add to its plate. recent polls show that more than half of the
. the evening for her. toyota has announced another massive global recall. speaking of the challenges for japanese companies, it's the second for the company in less than two months. the japanese auto giant says nearly three million vehicles, including certain prius models, are affected. toyota says the problems lie with their steering mechanisms and hybrid water pump systems. in october, toyota recalled $7.5 million vehicles worldwide because of faulty power window switches. today's announcement came before the market closed and shares ended down .8 of a percent. >>> in south korea, shares of net korea power are up. we have more from seoul on what supercharged these earnings. >> the number one reason is higher demand for electricity during the hot summer season here in korea. and the second one is electricity price hikes of 4.9% back in august. its net profit came in at $862 million, much better than market expectations, but do note that kepco tends to perform best in third quarters, given hot summer weather here in korea when air conditioners really suck up power. but looking ahead,
't make it in time. jenna: sad story, elizabeth, thank you. rick: when we come back, do you drive a toyota? another recall from that carmaker. the second in less than two months. the problems now popping up with one of their more popular models. we'll tell you about it live. >>> plus the scandal that brought down the ci past chief and has the top u.s. commander in afghanistan under investigation. we'll talk about how our allies are reacting to that rick: right now, new troubles for toyota as the car begins to recall one of its popular models. patti ann browne live in the newsroom with the details. >> toyota will recall 2.77 million vehicles worldwide including some of its popular prius hybrid cars. they say there are steering and water pump problems. it is the carmaker's second multimillion-dollar recall, vehicle recall in a little over a month. toyota says the defects have caused no accidents and can be fixed in an hour or so but this could cost hundreds of millions of dollars for toyota to repair, at least according to one auto analyst. while the recall is widespread, the flaws are consi
tonight involving a popular toyota prius. we'll have details plus -- >> an investigative unit exclusive, behind the gates of the california national guard. our report is next. >>> a mother to be dies in ireland after being denied an abortion. why doctors refuse to perform the procedure that could have saved her life. president obama fired up after one of his own comes under fire. >>> the california national guard has long history of helping the state and nation during tough times. >> but a joint investigation by nbc bay area and our sister station knbc in los angeles uncovers a disturbing hidden culture in the guard, some say sexual assault and racism go unchecked. here's our investigation. tony, serious claims here. >>> raj, yes, we spoke with two dozen men and women from the california national guard who call the culture inside toxic. and now they want to expose what they say is the truth. i want it to stop. >> reporter: she's a master sergeant serving in the guard for a dozen years. >> i don't understand. i had faith in this organization. >> reporter: and she's a staff sergeant servi
hours from now. >>> toyota taking control over a steering problem that could affect millions of hybrids. hey, everyone. good morning, welcome to "early start." i'm john berman. >> i'm zoraida sambolin. it is 5:00 a.m. in the east. up first, the tangled web that has insnared two of the country's top military women and two women who are not their wives. this morning we are learning much more about jill kelley, the tampa socialite at the heart of the investigations involving general david petraeus and john allen. first there were threatening e-mails sent from petraeus' writer paula broodwell. >> then he resigned as cia director. now john allen, top adviser in afghanistan, is being investigated for flirtatious e-mails he exchanged with kelley over a two-year period. >> kelley is pleading for privacy now even though she finds herself in the middle of a real-life soap and a here. we are hearing her voice now for the first time in a 911 call to tampa police, that was last weekend, she called to complain about the people outside her house citing diplomatic protection, which she doesn't have. li
that could be seen all along the east coast. just one month after its largest recall ever, toyota is announcing the recall of an additional 2.8 million cars. this time the cars include the flagship prius, due to faulty steering columns and a potentially hazardous wiring issue. no accidents have been reported. the government is cracking down on foreign corruption cases. this week, the justice department and the sec released a guide to the foreign corrupt practices act. the law bans american businesses from using bribes to help business abroad. foreign corruption cases have spiked in recent years. earlier this year, wal-mart came under fire when the company was accused of corporate bribery in mexico. the cases are gaining attention due to the enormous fees companies pay as settlements. strikes by union workers in europe are gaining support. the latest walkouts in spain, portugal and greece caused flight delays, shut down manufacturing plants and slowed traffic at retailers. union employees are protesting government budget cuts to healthcare, education, and pensions, while taxes are
was off by five and a half points. >>> toyota has announced a massive recall around the world. this recall affects almost 2.8 million vehicle worldwide and about a million of the vehicles affected are right here in the u.s. this covers certain models of the prius and corolla due to problems with the steering mechanism and the hybrid system water pumps. this is toyota's second multimillion car recall in two months. >>> you may pay more for that morning cup of joe in the future thanks to climate change. coffee prices are already the highest they've been in 30 years because of the combination of high demand and poor harvest. now a new study from scientists in london and ethiopia finds a group of coffee beans could be extinct by 2018. the coffee grown on most plantations comes from a limited genetic stock. they do not have the ability to shift to rapid changing climates. >> thankfully 80 years from now or 2080 is a long time. >> we have been having all these massive problems with crops so we're already starting to feel some of it. >> the prices are already high. >> 30-year high. >> what are yo
in several models produced between 2000 and 2011, including the very popular toyota prius and toyota corolla. let's go to my friend who is there with more on that. reporter: i would like to bring in michael sing who is the washington director for north east policy. we have this breaking news on israel. the leading military member of hamas has been killed in gaza. we are going to put that into the mix. here is serious, syria, that war has been raging for 20 months now. now it is starting to spread to other areas. turkey has a refugee issue as will some other areas. jordan, down here, israel and lebanon. this map here, what is your concern? >> welcome one of the things we worry about now are all 20 months of this, this would eventually become a regional conflict. a broader conflict in one confined to syria. we find that happening to some extent. we see strikes in turkey and violence crossing into lebanon. we see a massive outflow of refugees into turkey and lebanon and jordan. of course, iran is also involved in this conflict as well. this is one of the big concerns that the u.s. has had all a
've also got some facebook news this morning. toyota recalling nearly three million vehicles worldwide, that includes the prius. this is due to problems with the steering system. the announcement comes a month after toyota recalled more than seven million vehicles for faulty power window switches that are a potential fire hazard. mr. kernen, good morning. >> andrew, 20 seems to be what facebook is worth, kind of? >> well, it hasn't moved. >> but it kind of found its -- 38, i don't know. but things are worth something, even after you get the people that are really excited and the people that are not excited and it finally finds a place. but 20 seems to kind of be -- maybe it is worth 20, which is not -- for a brand-new company to be worth $43 billion is really not that bad, is it? >> if you were to add yourself to facebook to get an account, it would be worth 21. >> if you don't short it when i finally get on facebook -- you know what i did yesterday? >> i don't know. >> i joined myspace. >> you did? >> no. >> oh. [ laughter ] >> that's how long it will take. other stocks to watch today
market. can they compete with market leaders chrysler, toyota, and honda? stay with us on the "closing bell." uh, i'm in a timeout because apparently riding the dog like it's a small horse is frowned upon in this establishment! luckily though, ya know, i conceal this bad boy underneath my blanket just so i can get on e-trade. check my investment portfolio, research stocks... wait, why are you taking... oh, i see...solitary. just a man and his thoughts. and a smartphone... with an e-trade app. ♪ nobody knows... [ male announcer ] e-trade. investing unleashed. >>> welcome back. have you driven a ford minivan lately? probably not. ford is looking to change that. that's why we're with phil lebeau right now. >> maria, they're calling it the people mover and using a term we haven't heard in a long time in the auto industry. they're calling it a wagon. here's the ford transit connect wagon. now, you'll look at this and say, that looks like a minivan. well, it goes on sale late next year. the transit connect wagon will get at least 30 miles per gallon, according to ford. it will seat up to s
, two huge recalls. what's going on? >> that's right, wolf. toyota is recalling more than 2.5 million prius and corolla problems for problems with the steering shafts. last month toyota had a recall largest by automakers in years. and gm is recalling certain buick and chevy compacts, the driver side air bags might not deploy and some cadillac sedans may have faulty head restraints. and the man who accused kevin clash of having a sexual relationship with him while he was under age is now taking it all back. the young man now in his 20s withdrew the charges just one day after making them. clash took a leave of absence from sesame street in light of the allegations. sesame street has not indicated how soon the voice of the beloved red muppet may return to work. a lot of people were shocked by that, but it all turns out it wasn't true. he said it all along. sesame street stood by him. he took a short leave of absence. a lot of people are waiting for elmo to get back to work. >> hope he gets back soon. >> same here, wolf. >>> israel firing in response to fire. extremists warning of a new e
loved it. why? 'cause it's a toyota, of course! i want a car that's gonna last me for a little while. ♪ i like the bells and whistles. that's my favorite part about the car. i like the navigation. i like the entune. and it's fast. [ male announcer ] see ja ne't's story and more at the camry effect. from toyota. ♪ >>> back now at 7:42. and this morning on "rossen reports" extreme identity theft. brazen criminals have gotten so good at stealing your information, even the government believes them. today national investigative correspondent jeff rossen is here with more on this story. and this one is startling, jeff. good morning. >> good morning, matt. we've been hearing about i.d. theft for years. this is different. criminals buying things and ruining your credit, age-old story, but now they're taking it to an all new level. actually living life as you, getting jobs as you, going to the doctor as you, even filing taxes as you. and you don't even know it. it happened to an innocent schoolteacher who is still living this nightmare. >> reporter: meet the real canzita gutierrez, a marr
quick headlines from the control room. toyota issuing two recalls affecting nearly 2.8 million prius and corolla models. the recall issued because of defective water pumps in hybrids and problems with the steering gizmos. no accidents, thankfully, have been reported yet. and catholic leader timothy dolan saying the church won't give up it's fight against president obama's birth control healthcare mandate. he said they will move forward with lawsuits, arguing all employers should be able to opt out of free birth control coverage, so says the cardinal. all right. rich, back to you. >> thanks very much. >> we know there's no place like home so imagine this woman's reaction from government bulldozers rolled up to her front yard looking to take back a piece of land that's been in her family for 200 years. but after crews ripped up the road, construction was called off and they nixed the project and offered her a settlement to keep her mouth shut. good morning. >> good morning. >> so sorry this happened to you. this is what we call eminent domain where the government, a town, a county has
that i do. [ male announcer ] see phil's story and more at the camry effect. camry from toyota. >>> well, kitty kelly is best known for her unauthorized biographies of elizabeth taylor, oprah winfrey amongst others but trying something for her newest book. it's called "capturing camelot," and good morning to you. >> good morning, savannah. >> there's a back story behind all of the photos that we see in the book, some which have never been seen before in in way. how did you get your hands on this photo? >> stanley was a wonderful friend, and he left them to me when he died. he also left me this marine corps locker of his which was filled with kennedy letters and diary extracts and memos and presents that he had received from the president. it was a very sentimental cache of things, and because this was the 50th anniversary of the kennedy administration i thought i'd put together a book. >> it's a real treasure chest and we see some of the spirit of this in the book. let's talk about some of the photos. each tells a story. the first one we want to show is jfk and jack kennedy in a converti
gm was first challenged by toyota or honda and they realized we can't just immediately become toyota because we'll lose our core base of gm buyers. they opened saturn. it's the fastest growing car retailer of all time to mimic mr. ackman. and where did it get gm? retail is a much tougher business than people realize. the number of retailers that have not got through a transition is monumental. i just question whether they have the balance sheet, the preferred yesterday fell off the cliff. the preferred is smarter. >> also, the number of sales per square foot that ackman started, it didn't strike me as much. $270 per square foot. i went into the data base of sales per square foot. it didn't strike me as a goal to aspire to. >> apple is the highest there is. >> 6,050. i went down the value chain. i didn't get to macy's. publixs $480. >> amazing rotisserie chicken. a guy at that takes bags to your car. >> publix is above everybody. >> whole foods -- >> to your point on square footage, at the news stores it's significantly more than the old stores. it's up dramatically from -- so that's
. >> my wife might. i won't. >> your girlfriend. >> it's like a toyota, trying to turn yourself into a porsche? you agree with that? >> not true. we're not abandoning our core customer. i was in the makeup room and also had my buttons. >> you have a rise above button? that's most important. >> andrea loves jcpenney, i got in the makeup chair and she said jcpenney i love jcpenney and she's a core customer. i don't think i'm making myself clear. hold on, you interrupt a lot. now it's my turn to speak. we're going from 7 million square feet to 64 million square feet. that's going to make us bigger than every shopping mall rete in the world slightly smaller than simon in terms of specialty store square footage. i think the $250 number will be low in time. it's hard when you have my drawing here. >> you say 250? >> $250 per square foot. when you go to 70 which is where we're going to be pretty quickly all of a sudden it looks like the business plan. >> here is the question, though, how much -- you're a major shareholder. how much time will other shareholders give you? the question is
at the camry effect. camry from toyota. >>> as we have mentioned we're so delighted to welcome willie geist to our family on his first official day as the co-host of our third hour. >> that's right. before he gets started let's get to know him just a little bit better. >> oh, boy. >> willie was a little kid, he wanted to be a fireman. i don't think he ever thought tv was his thing. i think he wanted to play shortstop for the yankees or possibly a power forward for the knicks. >> we met in sixth grade, mr. kaplan's home room, september 1986, and i locked in immediately. that was 26 years ago. was it love at first sight for you? >> i don't know. i mean, you're 11. how do you know? >> it was for me. >> you were memorable at first sight, but i can't say love at first sight. >> just because i was tall and gawky. >> this isn't the movies. >> he was a suburban kid who wanted to be a hip-hop guy. we lived in ridgewood, new jersey, and he called it the wood. >> playing off "boys in the hood" we were the boys in the wood. say something like quiet on the set because i'm about to begin and if you didn'
Search Results 0 to 28 of about 29 (some duplicates have been removed)

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